Jonathan D. Yellin - 15 Dec 2022 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Issuer symbol
CRAI
Transactions as of
15 Dec 2022
Transactions value $
-$18,925
Form type
4
Date filed
19 Dec 2022, 18:36
Previous filing
13 Dec 2022
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +533 +2.89% $0.00 19K 15 Dec 2022 Direct
transaction CRAI Common Stock Disposed to Issuer -$1.6K -14.2 -0.07% $113.22 19K 15 Dec 2022 Direct
transaction CRAI Common Stock Tax liability -$17.3K -153 -0.81% $113.22 18.8K 15 Dec 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRAI Restricted Stock Units Options Exercise $0 -533 -33.33% $0.00 1.07K 15 Dec 2022 Common Stock 533 Direct F1, F2
holding CRAI Restricted Stock Units 463 15 Dec 2022 Common Stock 463 Direct F1, F3
holding CRAI Restricted Stock Units 867 15 Dec 2022 Common Stock 867 Direct F1, F4
holding CRAI Restricted Stock Units 1.54K 15 Dec 2022 Common Stock 1.54K Direct F1, F5
holding CRAI Restricted Stock Units 1.23K 15 Dec 2022 Common Stock 1.23K Direct F1, F6
holding CRAI Nonqualified Stock Option (right to buy) 2.38K 15 Dec 2022 Common Stock 2.38K $44.87 Direct F7
holding CRAI Nonqualified Stock Option (right to buy) 2.85K 15 Dec 2022 Common Stock 2.85K $47.45 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock; vested RSUs are payable in the form of cash, shares of the Issuer's common stock or a combination thereof, except as otherwise indicated below. To the extent vested RSUs are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting, but in no event later than two and one-half months after the end of the year in which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units") when and as dividends are paid on the Issuer's common stock, and Dividend Units vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F2 The remaining RSUs, which include an aggregate of 28.3050 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F3 The RSUs, which include an aggregate of 23.6818 Dividend Units, vest on December 5, 2023.
F4 The RSUs, which include an aggregate of 44.3767 Dividend Units, vest on December 5, 2023.
F5 The RSUs, which include an aggregate of 15.7570 Dividend Units, vest in four equal annual installments beginning on March 10, 2023.
F6 The RSUs, which include an aggregate of 28.1292 Dividend Units, vest in three equal annual installments beginning on March 22, 2023.
F7 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.